I am looking for some advice on giving children allowances. My daughter is almost 8 and thinks that atm machines just *give* you money and that food is *free* if you get it at the drive thru. quite disturbing!
we obviously need to teach her how money works in addition to the value of a dollar!! so, i was wondering how other families handle allowances with kids this age. i don’t want to spoil her, but i want to give her enough so that she has some money to “manage”. how much would you suggest? would you tie it in to chores?